Technology is Key to the Treasury of Tomorrow

Treasurers are currently preparing for a professional future that, if technology continues to become a more integral part of the industry, could be considered a product of science-fiction.

RPA is a concept that is beginning to make waves in the treasury industry, delivering countless efficiency benefits and helping to automate tasks that were previously highly manual. But, how can treasurers get the most out of this new technology?

BNP Paribas is co-creating with its corporate clients to leverage the latest treasury technologies to deliver concrete solutions that solve today’s treasury headaches, while preparing treasurers for the future operating environment.

Despite a conducive ecosystem and easy access to technology, treasurers may face several challenges in embarking on the transformation journey, namely due to a lack of awareness around how to effectively leverage said technologies.

A collaborative and consultative approach is vital when it comes to the implementation of any treasury management system. A combination of in-house consulting from a systems provider and the use of qualified, certified and competent external implementation partners can make a real difference in ensuring maximum added value from your TMS.

During an era where technological developments are taking place at a rapidly increasing rate, strategic planning is essential to anticipate how corporates can futureproof their treasury functions.